Aircraft Parts and Auxiliary Equipment Manufacturing Small Business Loans
Looking for small business loans for aircraft parts and auxiliary equipment manufacturing? Try the SBA. This $59,000 aircraft parts and auxiliary equipment manufacturing loan was issued by an Arkansas bank.
This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Twin City Bank, out of North Little Rock, Arkansas. The loan was granted and they received $59,000 to help grow their Sherwood, Arkansas business.
SBA Loan Borrower
COMPANY TYPE: AIRCRAFT PARTS AND AUXILIARY EQUIPMENT MANUFACTURING
SHERWOOD, AR 72120
SBA Loan Lender
TWIN CITY BANK
2716 LAKEWOOD VILLAGE PL
NORTH LITTLE ROCK, AR 72116
This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
336413 - Aircraft Parts and Auxiliary Equipment Manufacturing
Loan Approval Date
6/29/2006
Loan Approval Gross Amount
$59,000
Loan Approval from the SBA
Of the total $59,000 loan amount, the SBA guaranteed $29,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
Obtaining Funding - How to Decide How Much to Raise
Find an SBA Lender in North Little Rock, Arkansas
Arkansas SBA Banks